Day: February 12, 2021

Car sales in Pakistan surged by 44 per cent in January 2021

The car sales in Pakistan has increased by 44 per cent with a total of 14,543 units sold in January this year, as per data shared by the Pakistan Automotive Makers Association (PAMA).

Last year in January 10,095 units were sold. The increase is being attributed to an increase in leasing on a low interest rate environment.

As per stats, the sale of cars with 1300cc and higher powered engines increased 27 per cent to 6,944 units as compared to 5,467 units sold during the same month in the previous year. This increase can be attributed to sales of Toyota Yaris that hit 2,992 units.

However, the sale of Indus Motor’s popular Toyota Corolla reduced by 56 per cent, while that of Honda Civic and City increase by 10 per cent. Around 364 Suzuki Swifts were sold in the period under review compared to 144 sold last year.

 

In the

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The Rise in EVs Boosts Lithium Miner Stocks SQM, Albemarle

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A rechargeable Lithium-ion battery


Ronny Hartmann/AFP via Getty Images

Investors are convinced electric vehicles are the future of personal and commercial transportation. That belief is impacting sectors outside of the car business as much as it is affecting car stocks.

Lithium mining is one of those sectors. EVs need lithium for lithium-ion batteries that make the cars go. Two stocks are on the move Friday, adding to recent gains, after a new bullish take from Citigroup.

Analyst P.J. Juvekar upgraded

SQM

(ticker: SQM) and

Albemarle

(ALB) stock to Buy from Hold. His price target for SQM stock goes to $62 from $55. Juvekar’s price target for Albemarle stock goes to $184 from $176.

“We are turning more bullish on lithium due to: EV momentum in China and Europe, the dissipation of excess lithium inventory, and announcements by OEMs like GM to go all-electric by 2035,” writes the analyst

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Free Sport Downloads

Transport infrastructure consists of the mounted installations, including roads , railways , airways , waterways , canals and pipelines and terminals resembling airports , railway stations , bus stations , warehouses , trucking terminals, refueling depots (including fueling docks and gas stations ) and seaports Terminals may be used both for interchange of passengers and cargo and for upkeep. There may be some disagreement on which nation has the most important proven gasoline reserves. Sources that think about that Russia has by far the biggest proven reserves include the US CIA (47 600 km³), 26 the US Power Data Administration (forty seven 800 km³), 27 28 and OPEC (48 seven-hundred km³). 29 Nonetheless, BP credits Russia with only 32 900 km³, 30 which might place it in second place, slightly behind Iran (33 one hundred to 33 800 km³, depending on the source). With Gazprom , Russia is frequently the … Read More

Someone Spotted A Pre-Release DARTZ Truck And What That Banner Says Is Pretty Hilarious

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Photo: Anonymous Source

A reader wandering around a parking garage in China sent us some pictures of an exciting automotive unicorn: A new DARTZ truck, fully bonkers as is required of any fine DARTZ product, but this one has yet to be officially announced or shown. Even better, the pre-release truck is wearing a kicky yellow banner that has a stern and grimly comical message to, I expect, any number of other car-builders in China.

The beast is a DARTZ Prombon Black Alligator MMXX, the redesigned version of the Black Alligator that was released in 2017, which DARTZ gleefully told us would be the SUV that would “fuck Rolls-Royce big car before it will be born,” which is a pretty solid tagline for a car.

Illustration for article titled Someone Spotted A Pre-Release DARTZ Truck And What That Banner Says Is Pretty Hilarious

Photo: Anonymous Source

The new version has a lot of new bodywork and, I’m told, an area on the

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